NFT Gaming Shares Outstanding vs. Market Capitalization

NFTGDelisted Stock   0.71  0.01  1.43%   
Considering the key profitability indicators obtained from NFT Gaming's historical financial statements, The NFT Gaming may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess NFT Gaming's ability to earn profits and add value for shareholders.
For NFT Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NFT Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The NFT Gaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NFT Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The NFT Gaming over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Please note, there is a significant difference between NFT Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

NFT Gaming Market Capitalization vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining NFT Gaming's current stock value. Our valuation model uses many indicators to compare NFT Gaming value to that of its competitors to determine the firm's financial worth.
The NFT Gaming is rated below average in shares outstanding category among its peers. It is rated below average in market capitalization category among its peers creating about  0.27  of Market Capitalization per Shares Outstanding. The ratio of Shares Outstanding to Market Capitalization for The NFT Gaming is roughly  3.68 . Comparative valuation analysis is a catch-all technique that is used if you cannot value NFT Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

NFT Market Capitalization vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

NFT Gaming

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
12.07 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

NFT Gaming

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
3.28 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

NFT Market Capitalization vs Competition

The NFT Gaming is rated below average in market capitalization category among its peers. Market capitalization of Communication Services industry is now estimated at about 1.34 Billion. NFT Gaming adds roughly 3.28 Million in market capitalization claiming only tiny portion of stocks in Communication Services industry.
Capitalization  Workforce  Total debt  Revenue  Valuation

NFT Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on NFT Gaming. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NFT Gaming position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NFT Gaming's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in NFT Gaming without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module

Use Investing Themes to Complement your NFT Gaming position

In addition to having NFT Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run World Allocation Funds Thematic Idea Now

World Allocation Funds
World Allocation Funds Theme
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize World Allocation Funds Theme or any other thematic opportunities.
View All  Next Launch
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in NFT Stock

If you are still planning to invest in NFT Gaming check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NFT Gaming's history and understand the potential risks before investing.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume